Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1451 - 1460 of 13016 results for "Change"

Morningstar names new manager research lead

ELIZABETH FRY  |  TUESDAY, 2 JUL 2024
... recently head of research and retirement income at Insignia Financial leaving the business as part of an ongoing wider change last month. During his six years at Insignia, he oversaw the firm's investment philosophy and the teams conducting managed ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
AustralianSuper has unveiled a raft of changes to its investment exposures and fees which came into effect July 1. Across its MySuper, Choice and TTR Income products, the super fund has removed its exposure to listed infrastructure and listed property. ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
... he's demonstrated his commitment to customers by leading the bank's consumer division through a period of significant change while retaining industry leading customer advocacy scores. She said that he's driven the bank's deposit franchise ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... portfolio manager Tim Winstone said: "The sharp increase in the amount companies spent on interest in the past year marks a sea change in corporate finances." "The trend is evident everywhere but it's important to remember debt servicing costs are coming ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Australian Retirement Trust (ART) returned 11.3% p.a. for its High Growth option for the 2024 financial year. ART head of investment strategy Andrew Fisher told Financial Standard that equities over the last two years have been "surprisingly resilient ...

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
The Financial Services Council (FSC) and its superannuation funds members have adopted a new standard to protect consumers from financial harm. The FSC's Standard demonstrates its members' commitment to protecting customers from scams and fraud by setting ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... campaign that'll specifically promote advice as a career targeted to students and those considering a potential career change. Another is promoting the Advice Academy, which partnered with Kaplan to provide additional training and support for Professional ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... 38 products by an average of 0.25% p.a. that together constituted 6% of its managed assts. However, Rainmaker said the change in product asset allocation had little effect on overall asset weighted fees. "This was primarily due to the success of its ...

Local Aviva Investors managing director to exit

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
Aviva Investors, the global asset management business of London insurer Aviva Plc, will farewell its local managing director following a decision to manage distribution from Singapore. Australian managing director Brett Jackson has been with the firm ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for ...